AFL-CIO study flags pension fund mismanagement
A AFL-CIO Industrial Union Department study charges widespread mismanagement of union pension portfolios over the last decade. It claims investments often underperform compared with savings accounts and notes possible conflicts of interest with banks serving the same firms that receive large loans. Union leader Jacob Sheinkman calls for greater pension oversight to boost domestic job creation and keep funds from leaving the country.
MENTIONED IN THIS ARTICLE
Washington Star Service
Washington
Afl-Cio
Industrial Union Department
Jacob Sheinkman
Amalgamated Clothing and Textile Workers Union
Seed patent clash sprouts in Congress
Congress debates extending plant variety patenting to six vegetables. Lawmakers push amendments to the 1970 act amid concerns over private crop research growth, seed company takeovers, and long term agricultural and economic impacts. Proponents cite private incentives and new varieties like the sugar snap pea. opponents seek more study.
MENTIONED IN THIS ARTICLE
New York Times
New York
Congress
John Birch Society
National Farmers Union
Harvard
Harold Loden
American Seed Trade Association
House Agriculture Committee
Agriculture Department
Office of Technology Assessment
Pat Mooney
United Nations
Burpee Seeds
International Telephone and Telegraph Corp
Funk Seeds International
Ciba-Geigy Corp
Northrup-King
Sandoz Inc
Cary Fowler
National Sharecroppers Fund
Barbara Schlei
Agricultural Marketing Service
Idaho
Campbell Soup Co
H.J. Heinz Co
The
Union For the Protection of
House
Jack Doyle
Environmental Olicy Center
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